After some initial mystery leading up to publication, Michael Lewis’s new book Flash Boys is here and its subject is high-speed trading (sometimes called “high-frequency trading) that uses supercomputers and complex trading algorithms to attempt to generate profits through brute force. Lewis has become the most popular writer on Wall Street, giving readers a look behind closed doors. The Times has an excerpt of Flash Boys, while Bloomberg has more detail.
In general, fact-checking isn’t the most glamorous part of a journalist’s career, which is why Michael Erard was surprised to find that a recent fact-checking session for an Al Jazeera article turned out to be among the most interesting conversations of his life. Why? His sources were linguists, and their job was to explain to him the workings of brand-new sign languages.
“He taught me that poetry can be anything and with that comes great freedom.” Reminiscences by a former student of the poet John Ashbery upon his death. And for a contemporary take on the question of just what, exactly, poetry is and/or might be, see our recent conversation between Jill Bialosky and Matthew Zapruder.
Are you familiar with JT LeRoy (or rather, Savannah Knoop … or wait, Laura Albert), perpetrator of one of the greatest literary hoaxes in recent memory? Author: The JT LeRoy Story is a new documentary by Jeff Feuerzeig that asks questions about whether or not existence is predicated on real-world physicality — LeRoy’s books exist, so doesn’t LeRoy exist by association?